Name:Rene Benko
Net Worth:$5.5 billion
Source of Wealth:Signa Group
Born:May 20, 1977
Wife:Natalie Benko
Children:4, including Laura Benko
Private Jet:OE-IRB Bombardier Global Express

Who is Rene Benko: Real Estate Mogul and Philanthropist

Key Takeaways

  1. Founder of Signa Group: René Benko established Signa Group, a prominent real estate development firm with significant investments in city center properties globally.
  2. Real Estate and Retail Investments: Benko’s ventures include owning iconic properties like the Chrysler Building in New York and involvement in retail through Signa Retail, which has stakes in several retail companies.
  3. Former Billionaire Status: He was once estimated to have a net worth of $5.5 billion, ranking him among Austria’s wealthiest individuals. However, he fell from the billionaire rankings in December 2023.
  4. Legal and Financial Challenges: Benko faced significant challenges, including the receivership of Signa Prime Selection GMBH and investigations for alleged fraudulent bankruptcy and money laundering.
  5. Philanthropic Activities: Despite business challenges, Benko is recognized for his philanthropy, supporting various charitable causes and cultural institutions.
  6. SuperYacht: He is still the owner of the ROMA Yacht.

Signa Group

Rene Benko is the founder of the Signa Group, a leading real estate developer with investments in prime city center locations. The company’s portfolio includes Kaufhaus Tyrol, the Chrysler Building in New York, and Hotel Bauer Palazzo in Venice, Italy. Signa Retail, a subsidiary of Signa Group, invests in retail companies and currently holds shares in Karstadt Sports, Karstadt Warenhaus, and the KaDeWe Group. The company has more than 20,000 employees and also owns shares in the Austrian newspapers Kronen Zeitung and Kurier. Other notable investments include Outfitter, Dress-for-Less, Internet Stores, and Tennis Point.

Net Worth

Rene Benko’s net worth was once estimated at $5.5 billion, making him one of the wealthiest individuals in Austria. He has achieved success through his real estate investments and developments, and his contributions to the business world have been widely recognized.

According to Forbes, Benko fell from the billionaire ranking in December 2023 based on the net asset values for Signa Prime, Signa Development and Signa Holding, and the value of his known personal assets.


In November 2023, Shareholders and lenders of Signa Holdings officially confirmed the resignation of Rene Benko.

Signa Prime Selection GMBH found itself in receivership due to a severe liquidity crisis caused by an extraordinary debt charge of 10.3 billion Euros, making it impossible to meet its loan and debt obligations as of November 2023.

Signa’s assets, including Signa Sport United in the USA and Kaufhof in Germany/Austria, are either being sold off or placed in receivership. Notably, the flagship property Elbtower in Hamburg is up for auction to the lending banks.

Additionally, Rene Benko is currently under investigation for fraudulent bankruptcy and money laundering in Austria, Germany, and Italy.


Aside from his business achievements, Benko is also known for his philanthropic activities. He has made significant contributions to various charitable causes, including the Red Cross and the Ronald McDonald House. In addition, Benko has also been involved in the arts and culture scene, supporting institutions such as the Salzburg Festival, one of the most prestigious cultural events in Europe.

In conclusion, Rene Benko is a successful businessman, real estate developer, and philanthropist. His Signa Group has made significant contributions to the real estate industry, and his philanthropic activities have positively impacted numerous charitable organizations. With his achievements and contributions, Rene Benko has cemented his position as one of Austria’s most successful and influential individuals.


Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Watch this video!

Rene Benko Yacht

He is the owner of the yacht ROMA.

The Yacht ROMA is an exquisite vessel built in 2010 by VSY, a leading Italian yacht builder known for its exceptional craftsmanship and attention to detail. The yacht was designed by Espen Øino International, one of the world’s most renowned yacht design firms, known for its innovative and unique designs.

This luxurious motor yacht is powered by Caterpillar engines, which enable her to reach a maximum speed of 17 knots, with a cruising speed of 12 knots. With a range of over 3000 nautical miles, the Yacht ROMA is built for long-distance voyages, ensuring that guests can enjoy their time on board without worrying about refueling.

He used to own the yacht Magna Grecia, which he sold in 2015.